Ripple co-founder Jed McCaleb to finish selling XRP holdings by July 16

Ripple Co-founder Jed McCaleb will sell out his XRP holdings this week, according to a tweet from the founder of XRPArcade, Leonidas, on July 10. McCaleb would be selling 4.215 million units of XRP per day this week. He would finish selling the remaining 22.16 million XRP on July 16. Jed will be selling 4.215M…

SEC looks to prevent Ripple from getting vital document about its case

The United States Securities and Exchange Commission (SEC) is unwilling to produce documents that show its former finance director, William Hinman, stated that Bitcoin and Ethereum were not securities, according to a tweet from James Filan, a lawyer representing Ripple. SEC files motion to protect Hinman’s speech In a 2018 speech, William Hinman said that…

Crypto scammers make $9 million on fake YouTube streams

Crypto scammers have stepped up their acts in devising new means of defrauding their victims as new research has revealed that they now doctor YouTube videos of influential people in the crypto industry to promote fake crypto giveaways. Crypto scammers got $9 million through doctoring YouTube videos According to the research conducted by Tenable, crypto…

‘Wrapped’ XRP is coming to the Ethereum (ETH) blockchain

If everything goes as planned, we can expect to see Wrapped XRP (wXRP) on Ethereum blockchain before the end of the year, according to an announcement made by Wrapped.com, a cross-chain wrapped assets service provider. XRP to be on Ethereum blockchain by December The announcement revealed that the Wrapped XRP (wXRP) would be backed 1:1…